Qualcomm: yeah, Broadcom injunction smarts a bit

Filed under: Misc
In case there was any doubt, Qualcomm has publicly acknowledged that Broadcom's win in US District Court over the banning of its chipsets that infringe on Broadcom's patents will "hurt" as it immediately halts shipments and adjusts to provide a more law-abiding set of products. The company seems pretty convinced that the pain will be felt primarily in the first quarter, largely because redesigned silicon is already in manufacturers' hands with commercial availability following on in the next few months. Investors seem to agree, with shares sliding a mere 1.8 percent on the news; as analysts point out, the far-reaching nature of the ban is offset somewhat by the relatively speedy availability of replacement designs that don't infringe (or so Qualcomm claims, anyway) on any pricey intellectual property.
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